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that the pentagon says. but is it? chris lawrence has a closer look. >> reporter: to hear the pentagon tell it -- >> sequestration, therefore if it were allowed to happen, will introduce senseless chaos. >> the fiscal cliff -- >> sequestration will have a chaotic effect on the force. >> reporter: is akin to armaggedon. >> i worry about being blindsided by a huge cut because they don't have the strength or courage or guts to do what they have to do. >> happy holidays. >> reporter: the cliff would cut $500 billion in defense spending, but spread out over the next ten years. would these cuts really be that bad? >> absolutely not. >> reporter: analyst ben freeman argues the pentagon can survive on a smaller budget. >> it will drop a little bit. but not catastrophic, doomsday, any sort of hyperbole. >> reporter: perhaps the navy would have to buy less expensive, less advanced fighter jets instead of the new f-35. or the pentagon would have to cut the number of soldiers and marines back to the numbers before 9/11. >> sequestration would risk hollowing out our force. >> reporter: pentagon official
and they will be steep. of the $1.2 trillion in total spending cuts over nine years, $492 billion come from the pentagon. defense analysts say the impact on the military would be serious. >> the pentagon and the department are already in financial trouble. because there has already been $480 billion cut. to take another cut is devastating. >> it will make it channeling for the military to maintain the troops. equipment and preparedness. the larger defense industry also will be hit. >> severe budget cuts could put the natural security at risk if the company that make the f-35 fighter or artillery pieces don't have the money to keep going. >> my district would be adversely affected and defense spending cut by $8 billion. >> how did we get to this place? >> in budget battle, the 2011 spending cut put in as unthinkable trigger to force the lawmakers to find a way to cut spending. so far, they haven't found a way here we are. >> to make it unpalatable, they insist it comes out of the defense budget. conservatives think is much, much, much too har. >> defense secretary leon panetta said the pentagon has been
>> did the pentagon have review? >> no, didn't have fop once i'm retired from active due any i don't have to submit it to the pentagon unless i use classified information. so i avoided using any classified information but a lot of stuff was declassified right after the war. a lot of stuff was a matter of public record. so i had a great deal of material. the best thing i had was this, any war i ever fought most of instructions were sent by message back and forth. so you have hard copy record of every decision made. because of where we are today most of the orders and instructions are seventh back and forth by secured telephone. it became apparent that we're not going have a record of the decisions made unless we have a record ourselves. any time i had a conversation i wrote down what i said and what is being said to me. i had someone in there who would write down every time i made a decision and he would log it into a private journal that we kept of every decision that was happening during the war. if it had not been through that the book would not be written. >> where are those 3,0
the pentagon and over to the 14th street bridge. obviously, pretty light volume. your hov lanes in virginia open in the northbound direction. we'll go to the top side of the beltway through montgomery county. the beltway itself in both directions, travel lanes are open. incident-free, we do have a water main break on wisconsin avenue as you head south just before cedar lane. they are set up on the left side of the road. right lane does get you by right now. not much volume. 270 a good ride around the outer loop to the legion bridge. no problems. we'll head further down on 66 as you are coming in from front royal, no problems to report inside or outside the beltway especially at the interchange by the beltway all the way through falls church in arming ton to the roslyn tunnel, roosevelt bridge, happy to report we are incident-free and that is a current look at your fox 5 on-time traffic. traffic. >> thank you. >>> the secretary of state is returning to work next week. hillary clinton has been sidelined for almost three week for a concussion. she hit her head after becoming faint earlier this
hit the pentagon and also domestic spend ising. they have according to the white house and senate republicans reached a deal but vice president biden is up on the senate side right now behind closed doors trying to convince some skeptical senate democrats to sign on to this before this piece of legislation hits the senate floor. we begin with our restart and to tell us exactly where we are at this hour, and this hour by the way is just two hours ahead of 2013. there you see the specifics of the deal. the framework. tax hikes on family income above $400,000 for an individual. $450,000 for a family. the top tax rate going to 39.6% from 35. 39.6% is the clinton range. the tax rate back in president clinton's term in office. prevents the expansion of the alternative minimum tax. the amt. essentially patches it permanently, the amt. that had long been a an annual chore for congress. extends long-term unemployment benefits and deals with a number of other specifics including tax credits and sets the estate tax individually at $5 million and an additional in tare hans beyond that at 40 o
the decision to invade iraq in 2003, but later, criticized the pentagon's war planning. mostly, though, schwarzkopf devoted his time to serving as a board member and spokesman for charitable causes, living quietly in tampa, florida, where he died yesterday at the age of 78. in a statement, the first president bush, now ailing himself, called his gulf war commander "a true american patriot and one of the great military leaders of his generation." for more on general schwarzkopf and his legacy, we are joined by "new york times" reporter michael gordon. he co-authored the book, "the generals' war: the inside story of the conflict in the gulf." michael, welcome. take us back first of all to the gulf war more than two decades ago. what was it about general schwarzkopf and what he did is that made him be regarded at least by many as a hero. >> well, this is the time in which the american military did not have the confidence of the american public the way it does now. whatever people think of the wars in afghanistan or iraq, they generally believe that the military has done its part. and that
. president obama stands up for his possible pentagon pick chuck hagel, but the president hasn't exactly committed to haag e's nomination. could it have something to do with the onslaught of republican criticism of the former senator? we'll tackle cabinet concerns next on "now." [ female announcer ] over the years, your mouth has sipped, snacked, ...yellowed... lived, loved, ...yellowed... chatted, chewed, ...yellowed. and over all those years, your teeth...have yellowed. fact is, if you're not whitening, you're yellowing. crest 3d white whitestrips remove over ten years of stains by going below the enamel surface. and, they whiten 25 times better than a leading whitening toothpaste. crest whitestrips. life opens up when you do. >> secretary of state hillary clinton remains hospitalized in new york city this hour with a blood clot which her office says stemmed from the concussion she sustained several weeks ago. clinton will be evaluated over the next 48 hours and is taking blood thinners to reduce the close, the location of which has not been revealed. her hospitalization is likely to f
about the pentagon. talk about federal workers. talk about obviously the unemploy unemployed whose benefits are going away. >> absolutely. the biggest -- the most dangerous thing, the fiscal cliff is the unemployment insurance. if we go over for a month we can sort of trick everything else. we can -- the irs can do some tricks to make it so you don't feel tax increases quickly. we can do tricks to make it so we don't lay off people at pentagon, we can furlough them. there's no trick with unemployment insurance. if we go over the cliff and don't do anything by unemployment insurance, 2 million people, hardest hit by the recession, will lose their unemployment insurance. that's number one. we're going to have the payroll tax cut expire, that's probably going to happen if we do reach a deal, that's one of the most important pieces of stimulative policy. the same said for refundable tax credits, helps poor folks. the same with the child tax credit. these have been really important for the working poor. you're going to see very, very big cuts to the government over time. we could paper
. they seem desperate to do that. plenty of liberals say, go over the cliff. big cuts in the pentagon and big tax hikes. the white house, from all indications that i've seen, they don't want that to happen. they are scared of what could happen to the markets. >> why aren't they dalg dealing with boehner? dana, be go ahead. jumpb in here. >> i think they won their negotiating power once boehner last week failed. as dana pushed out, the only thing that can get boehner is to do something. >> reporter: i think that you're right when i said that democrats don't think that the president will have much political damage. that does seem to be coming more from democrats here in congress than in the white house. democrats here in congress feel that it's a win-win for them politically. the one thing i will tell you very quickly, the pushback on this narrative that i heard from senate republican leader in the hallway. he said, do you remember who the speaker was during the hoover administration? i said, no. he said, that's my point. nobody will remember who the speaker was if ge into a recession but it's
pentagon budget issues coming up. so there's some talk about him wanting to hang on and try to manage the budget issues that are going to hit the pentagon over the next few months. host: we're taking your calls with david jackson, the white house reporter for u.s.a. today. first up is doug from oklahoma on the democratic line. good morning. caller: good morning. i had a question about geithner. hadn't he said something earlier about wanting to leave? guest: that's correct. host: around the inauguration was the quote. host: how would you feel about geithner leaving? do you want him to go as a democrat? caller: that's a good question. no. no. guest: the caller is right. geithner has said publicly he wants to leave around the nomination. but with the uncertainty, i don't think the administration would want him to leave as long as these issues are hanging. so we get a fiscal cliff this deal and i think he's going to be gone by the end of the month but i think it's kind of up t in the air. host: says a contender for his job would be jack lew. guest: that's the betting money. is his job if
and exchanges. >>> a bus bomb targeting. we are live from the pentagon with details. >>> his time has come again, a man from the '60s is getting a start again, lester chambers joins us back. >>> welcome back to "starting point." we've been talking about the blizzard and storm warnings from the deep south all the way to new england. we'll look at seymour, indiana, lexi sheen has drawn the short straw, she's from wlky and getting hammered. >> reporter: that's right, drew. things have calmed down. let me give you a look behind me. you can't see the tire tracks from where we came in 5:30 but the roadways are snow covered, two, two and a half inches have fallen since 4:00 this morning. we barely missed having a white christmas in seymour, indiana. indiana state police are advisi advising people to stay off the roads. they are urging everyone to stay home if it is at all possible and kind of a good day to do that. we were pointing out earlier this is the good snow, the stuff the kids like to play with, snowballs, snowmen, all of that good stuff but it is still dangerous. the roadway is slippery, slush
, the massive amount of spending cuts that will kick in at the beginning of the year to harm the pentagon and other agencies. if they are getting anything, there are low expectations but if they get anything it will be a very small deal, something much smaller than they have been talking about for weeks, jon. jon: there aren't too many people these meetings. so a little hard to get an assessment, what is your idea, what is your best, yeah, assessment i guess how things are between some of these leaders? >> reporter: they have gotten pretty tense the last couple of days as they have come back from the christmas holiday. we saw yesterday senate majority leader harry reid basically accusing john boehner of running a deck tate toreship, that was his word in the house of representatives. reid piled on a little bit late yesterday afternoon and senate republican leader mitch mcconnell responded. take a listen. >> speaker boehner should call members of the house back to washington today. he shouldn't have let them two in fact. they're not here. they're not here. john boehner seeps to care more ab
their budgets cut, depending whether it the pentagon or other agencies. the agencies can try to shield some programs for others. social security benefits are not going to be cut. the pay for pentagon officials is not going to be cut. if this drags on into march or april, they will have to do furloughs, is essentially giving people vacations. host: the headline from "the wall street journal." is that one way to do that? guest: that is a painful way to do that. when people do not have money to spend, the economy is not going to grow. if this goes on for a couple of days and the stock market falls dramatically, congress and the white house may be able to avoid some of the long-term consequences. if everybody digs end, more disasters things could take hold. host: the president, vice president, speaker of the house, democratic leader of the house, will be meeting today. from the reporting you have done, what will be happening? guest: they could sit down and cut a deal in five minutes. they know all the issues. they know where their parties are. they could sit down in five minutes, shaking hands,
for the pentagon. defense cuts are coming in a big way. a look at world currencies and how they are holding up against the dollar. ♪ [ malennouncer ] it's tt me of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. starsaving at citi.com/pricerewind. dagen: more good news for recovering the housing market. home prices in the 20 city index grew 4.3% from a year ago. chicago, new york were the only two cities with negative returns and october. starbucks urging washington to come together on the fiscal cliff. literally. the ceo is building employees that all d.c. area employees should write things on the cops. they want to serve as a rallying cry. of course, that is also a marketing ploy. you can get there from here
cuts aimed at the pentagon and elsewhere. >> the revenues have to be part of the equation in terping off the sequester. >> trouble on the left as well. senators grumbling the president gave away too much on the tax threshold of $450,000 or more. the white house is pushing back by saying that the president held firm on 39.6% at the top rate despite reports he might negotiate down to 38%. bret? >> bret: ed. in that event, the president didn't have a lot of details. it seems to be framed much like as you mention ad campaign style event. perhaps a signal that this is what we may see in the new year if the battle over the debt ceiling heats up in the next few weeks. >> in doubt. he did two things. going out and hitting republicans hard at this event he was making clear if they don't have the final deal, he will go out on the road and pound them in the days ahead to put the blame on them. the second thing he was doing, not just on the fiscal cliff. on immigration and other irks in the days ahead -- issues in the day ahead. he is going to take it to the american people on issue after issue,
questions. the pentagon and all the other government agencies told their employees that they're not going to do anything with the sequester in january, because they're assuming congress will get its act together in january, february or so. so the idea that the markets are going to panic over this, you know, i think is a red herring. who knows? maybe they tank tomorrow. maybe they go through the roof. but i don't see that happening. though if it did that would drive things a little bit. >> do you have any sense they're feeling pressure from constituents at all? i would describe this as people are profoundly unhappy. >> that's a great point. congress' approval ratings are abysmal. but the pressure from the right for conservatives to cut a good deal, all this discussion about chained cpi is confusion. basically it means that republicans want to include entitlement reform as part of a deal. but why did they take that off the table? because when the debt ceiling comes next year, they can have a bigger fight about entitlement reform. so the big story today is that republicans are starting to re
especially to are very upset with the cuts that would hit the pentagon. it may be difficult to rally republican votes if they cannot turn off the sequester. on the democratic side, the estate tax could be a problem. the republicans are insisting that the estate tax stay at current levels, which is exempt states up to $5 million. many democrats would like to see -- in january, it is scheduled to come -- it is scheduled to go up dramatically. on states as small as a million dollars would be taxed. most democrats want to see something in the middle. they're adamant that we cannot exempt states as large as $5 million. that could be another sticking point. >> lori montgomery, to expect anything else to go on today? when is the earliest that the senators will come back in for session tomorrow? >> the senate is due back in at 1:00. the house is due at 6:30. the house is the big question mark. it is very difficult to imagine what could pass the house. as for today, it is an excellent question. the senate is not in, the house is not in. my understanding is we're going to have basically everyo
in and the pentagon will be forced to cut $9 million in spending. >> if lawmakers can't avoid the fiscal cliff, they may be able to avoid a different cliff, the dairy cliff. house and senate members appear likely to extend farm legislation for a year, a deal that would keep milk prices skyrocketing in january. we were worried about $6 gallon of milk. it could keep a decades old subsidy from coming back to life. the usda would be forced to buy milk at prices well above what farmers were getting now if the subsidy was revived. it could double the price of moib to $6.12 a gallon. >> markets have been reacting to each move on capitol hill, but obviously, things at this point are looking like the dow would open down by about 7.5 points. the dow is off 67 points and the nasdaq is down 14.75 points. all the surprised given the late hour that -- >> even if something doesn't happen today, it happens in two or three days. >> right. so if you were looking for a market reaction because a lot of the market iraqis we've heard has said, if highways the case, near not getting it base odd what they're going to
the pentagon. what did she tell you? >> reporter: well, this really is a heart breaking case. you know, i just have to put it in perspective, a military installation, a child care facility, a stone's throw from where i am standing at the pentagon, it would take me just a few minutes to walk across the road to this child care operation. a mother who has now learned that her young toddler was one of the victims of this alleged child abuse decided to speak out about it. she wanted her face shielded, she wants her children's privacy protected. she still worries about retaliation against her husband, by the military, but she tells us a chilling tale. >> all along this first week when we were being sort of given piecemeal information, denied access to the videotapes, we were also being asked if we wanted to seek medical care for our child. so -- >> medical care for what? >> for what, obviously. we wanted to understand and see with our own eyes since that evidence was available. >> barbara, it took a long time for the information to come out. why? and what steps is the department taking, the defense
, the spending cuts to the pentagon and elsewhere kick in. the bottom line is when you talk to republican senators they say the issue is not taxes, it's if you give the president more revenue he'll spend it on more government programs. >> senator harry reid should have made sure the senate passed a budget sometime in the last three years and it would be reconciled with the house and you would have a framework, a budget resolution. the fact we're down to the 59th minute of the 11th-hour and a couple elected officials and unelected staffs behind closed doors doing a back room deal is an outrage. >> in the final moments, a key development is that vice president joe biden has been in delaware for the weekend. he came back a few hours ago and is huddled behind closed doors, two phone calls with mitch mcconnell. a year and a half ago, it looked like all hope was lost and vice president with his long time in the senate many years was able to reach out to mitch mcconnell and they pulled a deal together in the final hours. >> the 59th minute of the 11th hour. ed henry, thank you very much. >>> goi
be a massive hit on the pentagon budget and what that means for our national defense. big deal. >> absolutely. thanks. joining us for a closer look at the fiscal cliff negotiations, ron johnson, a member of the appropriations and budget committees in the senate. thank you for taking a break from a busy time to visit with us. >> thank you. >> i want to get a response from the comments to the president. he said that g.o.p. can't take yes for an answer. is there an offer that would have been acceptable to the house or the senate g.o.p.? >> not that i am aware. people throw the numbers around, like there is a deal, $1 revenue for $3 spending cuts, i have never seen those deals. senator harry reid should have made sure the senate passed a budget, sometime in the past 3 years and that would be reconciled with the house and you would have a framework, you know, a budget resolution that the committee -- the appropriations committee, the house ways & means committee, senate finance committee, they would have the instructions to work on the difficult problems npublic. have a public debate. we are down
.s. ambassador and three other americans were killed. our pentagon correspondent chris lawrence is joining us now with the findings. >> this new report spreads the blame for that attack. blaming intel, state, even the pentagon to some degree, saying there was no plan in place to rescue americans there. a new senate report says the state department should have shut down the benghazi mission before the attack that killed four americans. it chastised officials for relying on local militia to guard the front gate. >> the terrorists essentially walked into the compound, virtually unimpeded. >> senators say the state department missed plenty of red flags. a rocket propelled glen nate hit the red cross in may. a bomb exploded in june. another rpg hit the british ambassador's convoy, prompting the uk to close its mission. senators questioned how much more the state department needed to see before officials realized they didn't have enough security. >> we've got to close this facility because we can't protect american personnel in benghazi. >> reporter: the report also condemned communication failures. li
cuts kicking in. especially for defense. right now, the pentagon's looking at something in the neighborhood of a $55 billion cut in 2013, about 10% of its programs, and specifically, the "wall street journal," among others, reporting that the pentagon is making contingency plans to notify 800,000 civilian employees about possible furloughs. so this is front and center right now. and among those also sounding the alarm, senator lindsey graham after getting a call from defense secretary leon panetta over the weekend. >> last night at 7:30 during dinner, he said, lindsey, i'm told there's not going to be anything in this deal to avoid sequestration going into effect. >> there you have it in a nutshell. again, number one, we are getting hopefully a little more optimistic about either a short-term patchwork deal, setting the table for something bigger after the first of the year. but again, we've been talking primarily just on the tax side of the equation, the issue for the pentagon, the defense industry, and frankly, a whole lot of civilian employees, what about the sequeste
is a couple mission of the pentagon to it that was a andual i'll live to milan in administration. but it does not interest otters up continually there. this skepticism for the vietnam war and watergate which is mostly the washington post dory increased. the press became adversarial and maybe it will we have to have men ever serial left at have one cnn which is kind of trying to be the new york times and people are talking abut that people are not adversarial news. the stock above the neck down is it to section the newspaper. i notice the public editor who has probably talk to the look less people less times that i have have said, the day's paper is the granddaddy best friend of nuclear plant. the individual was get a little bit squeamish. some of you think i should say where are my sources. the book was a great deal of reading, i also was a very temperance and times of generous and giving me access. as one person or any view and expect to be. 1999-201. . all of the executive editress. by the time we were involved in this process a tentative before -- 1834 was a secondary investing. >> it does
and $450,000 for couples. the bill also delays automatic cuts to the pentagon and domestic programs for two months. and 2 million unemployed americans will continue to receive jobless benefits for at least another year. the congressional budget office estimates the bill will add nearly $4 trillion to the deficit over the next ten years, largely to pay for keeping the bush tax rates in place for most americans. house republicans complained loudly before that vote last night, that there were no spending cuts in this deal. >> well, i think it's a little unreasonable for senator reid to say that something that they produced on new year's eve, produced by a bunch of sleep-deprived octogenarians is what we should adopt within 48 hours. >> speaker john boehner voted for the deal, breaking the republican leaders eric cantor of virginia and kevin mccarthy of california who voted against. paul ryan joined speaker boehner, voting for the bill. after the vote, president obama tried to set the terms for the fiscal fights ahead in a rare late-night appearance with joe biden by his side in the briefing ro
from the white house on this. here is former pentagon adviser michael rubin. >> thanks for having me, michelle. >> what should the white house do in response to this? >> ultimately, what with will have to be inspected and considered is the whole nature of the reset policy. if we trace the beginnings of this crisis back it actually started with the white house reaching out to vladimir putin to russia in supporting russia's accession to the world trade organization. the amendment which had govern the a lot of u.s.-russian/soviet relations going back to the 1970s had to be replaced. it was replaced in congress by the act which set russia's worst human viets violators there should be consequences when it comes to getting visas. vladimir mute indecided to lash out to the united states by pointing a figurative rifle at the head of russia's orphans. >> we improve russia's trade relation with us, officially and then he gets upset because buried within there is a little clause that says, as you point out, the worst human rights violators should have trouble getting into the united states. how
game is down right nasty. >>> tributes from the pentagon, white house, and gulf war buddies after the passing of stormin general norman schwarzkopf. and teachers learning how to shoot in case a gunman walks into their classroom. the man offering lessons were free. "starting point" begins right now. friday, december 28th. and our starting point, the pace in's economy and your take home pay on the chopping block. four days remain before the u.s. goes over the edge. that means tax hikes and spending cuts that could trigger another recession. congressional leaders will meet today at 3:00 p.m. eastern time. the full house not even expected to return to work until sunday. here is the guest list for today's showdown. the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the
to libya were killed. the report also finds fault with the pentagon and the white house. chief intelligence correspondent catherine herridge live with that from washington. is this report different from the one that the state department investigation group put out, catherine? >> reporter: it is, jon. thank you and good morning. this congressional investigation also faults the pentagon for having no effective evacuation plan and faults the white house including president obama for his inconsistent statements about whether benghazi was a terrorist attack given the intelligence suggested within hours that an al-qaida affiliate was involved on september 11th. it sites mr. obama a's interview with 60 minutes on september 12th as evidence of inconsistent statements. he states it's too early to know exactly how this came about, what group was involved. obviously it was an attack on americans and we will be working with the libyan government to make sure we bring these folks to justice one way or the other. the president said in an interview over the weekend that there were quote, huge problems and
the impact on the military overall will be, quote, very serious. >> the pentagon and the departments are already in financial trouble, because there has already been a $480 billion cut that is being applied right now as we speak. to take another cut on top of that is devastating. >> reporter: it's not just the military itself that will take a hit, also the defense industry, defense contractors, private companies that do work for the pentagon. one democratic congressman in northern virginia whose district maybe hit the hardest by all of this says it could mean layoffs. >> the large defense contractors will probably be okay, they have significant cash reserves, most of them. the smaller contractors would have trouble getting their lines of credit extended, trouble keeping their employees, if they can't be assured of continued employment. >> reporter: congressman moran says if we go over the cliff, which he thinks we will, then the impact and severity of the automatic defense spending cuts depend how long they are in place into the new year before congress finally fixes this fiscal clif
. the report also faults the pentagon and the white house. it criticizes the obama administration for being inconsistent in explanations regarding what led to the attack, initially blame ago video, not terrorism. >>> san diego police officer is seriously injured when a suspected drunk driver slams right into his cop car. police say the suspect was speeding when he ran a red light, t boning the cruiser. took 45 minutes for crews to pry the officer out of his car. he is expected to be okay. the suspect was not seriously hurt, but he was arrested on suspicion of drunk driving. >>> kanye west kind of letting the cat out of the bag a little. listen. >> make some noise. >> juliet: i have no idea what he said. >> clayton: i don't either. >> juliet: then there was static. but apparently he said that his girlfriend, kim kardashian, is pregnantgo. he made the big announcement during a concert in atlantic city last night. sources say she had no idea he was going to spill the beans! oops, i hope the family knows. up 'til now, the family had denied pregnancy rumors. so congratulations to them. and we're
automatic, across-the-board spending cuts to the pentagon and domestic spending. we are getting your take on that this morning with our coverage on a "washington journal." here is what the majority leader harry reid had to say earlier this morning before the vote. >> working through the night and throughout the day, we have reached a deal with senator mcconnell to avert tax increases on middle class americans. i have said all along to our most important priority is to protect middle-class families. this legislation does that. middle-class families will wake up to date to the assurance that their taxes will not go up -- today to the assurance that the taxes will not go up $2,200 each. they will have the certainty to pay for groceries and car payments on next year. legislation protects 2 million americans lost their jobs during the great recession, losing their unemployment insurance. i'm disappointed that we were not able to make a grand bargain as we have for so long, but we tried. host: here is the headline in "the washington times." -- late into new year's eve, the criticism from the le
who are very upset with the cuts that would hit the pentagon. it may be difficult to rally republican votes of the cannot turn off the sequester. on the democratic side, the estate tax could be a problem. the republicans are insistent that the estate tax stay at current levels, which is exempting the state of $55 million at a relatively late 35% above that level. many democrats would like to see -- in january it is expected to come -- taxes are expected to go up dramatically. as small as $1 million would be taxed. most democrats want to see something in the metal. they are adamant that we cannot exempt states as large as $5 million. that could be another sticking point. >> do we expect anything going on today? if not, what is the earliest of the senators will come back in for session tomorrow? caller: i think the senate is due back in at 1:00. the house is due at 6:30. the house is the big question mark here. it is very difficult to imagine what could pass the house. as for today, that is an excellent question. the senate is not in here the house is not an. my understanding as we are
about her identity. let's get that from barbara starr at the pentagon. hey, barbara. what are we learning about this woman and this attack? >> reporter: well, victor, all we know so far really is what the afghans are saying. there was a press conference with senior afghan ministry spokesman and he held up a very interesting passport, he says the passport of this woman and it is iranian, that she is an iranian citizen who came to afghanistan and married an afghan man. he also said she had some fake identity documents, but this is certainly raising the prospect that the shooter was iranian. so far, however, no indication yet she's tied to the taliban, that she is officially tied to iran at this point, or to any terrorist groups. by all accounts she came to kabul, police headquarters had a weapon hidden under her clothing, removed it, said she was looking for someone to shoot and walked out behind this u.s. contractor. he's now been identified as 49-year-old joseph griffin of mansfield, georgia, working for dime corp. international, a major u.s. firm working in afghanistan to help t
that preparation before running into the pentagon and he has done a is he person job. very tough job. even he said that we face some dire devastating times ahead if sequestration goes ahead. chuck hagel seems to think that we can cut, quote, more the bloat out of the pentagon. there probably is some over there. but you need to understand the system right, given of the republican opposition i don't know that the president gets a lot of credit for bipartisanship. more likely the cuts that they agree on. lt. colonel bob maginnis thanks so much we appreciate it. >> thanks, dave. >> small businesses set to take big hits in 2013. that could take an effect on your wallet. we'll explain next. my pet chicken just saved my life. how this hero bird came to the rescue of an entire family. and that's not even the coolest part of this story. i'm sticking around. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because offers a superior level of protection, and because usaa's commitment to serve
the experience to manage an organization like the pentagon. margaret thatcher leaving the hospital. she was admitted last week for an operation to remove a bladder growth. >> gregg: senate majority leader harry reid saying he is not overly optimistic that a deal will be reached to avoid the so-called fiscal cliff. even if they get something passed here there are other challenges that our economy will face. global powers like china and europe and japan are having major problems of their own. that could affect the way they do business with us. joining us is to talk about, ed, good to see you. biggest problem some of these governments to stimulate their economies, die let's just print a bunch of money. that has catastrophic events with them and even with the united states that may tried traded with them. >> that seems to be just to print money. that is not how it works. when somebody prints money, it's devalues their currency which makes anything they want to export or anything that they are importing more expensive. that is why your food is more expensive because we imported a lot of that
, will be to the military. $500 billion slashed from the pentagon budget that is raising serious concerns about our national security. chairman of the house armed services committee, california congressman, bruce mckeown will weigh in on the impact these cuts will v that is live in our next hour. gregg: secretary of state hillary clinton now hospitalized after the discovery of a blood clot following a concussion earlier this month. that concussion apparently related and causing secretary clinton to postpone her testimony on the benghazi terror attack. doctors say the blood clot is very risky. >> blood clots are serious depending where they are. the leg is more common and simpler to treat. lungs are more life threaten, into the brain of course, very, very serious if it is in the brain because of stroke and potential memory and injury to the entire brain. gregg: david lee miller is live in new york city with the very latest. and, david, what do we know about the location of that blood clot? >> reporter: gregg, the authorities have not released that information. they have only disclosed she is being treated fo
at the pentagon. barba barbara, a great guy, but really great in front of the camera and able to use visuals of the first war to really explain to the american people what was going on. >> well, explain to the american people, and he also knew that saddam hussein and his iraqi generals were watching those press briefings. president obama today remembering norman schwarzkopf as an american original. a limited mission, get the iraqis out of kuwait, get the war done, go home. and he accomplish thad in des rt storm, commanding more than 700,000 coalition forces, more than 500,000 americans and an air and grown campaign that lasted barely 100 hours, and then it was done. his own chief, former president george h.w. bush, issuing a statement from his hospital bed in houston, saying "general norm schwarz cough, to me, epit to mized the duty, service, country creed that has defended our k e freedom and seen this nation through our most trying international crises, and more than that, he was a good and decent man." that from former president george h.w. bush. he is remembered for his fiery temper, bu
department while widening the blame as well, finding fault with the pentagon and white house. clinton told the committee chair she's committed to working with them once she recovers and will appear before them once she gets the go ahead from her doctors. republicans want to hear from clinton in person before they'll consider confirming her successor. >> i've been told from senator kerry he wants that approach also. he needs to hear what she says so he can make comments about i agree with her, i don't agree with her. it makes sense to have her go first. >> clinton's spokesman has not said where the blood clot is located. doctors not involved in her case say if in her legs it's easily treatable. if in the lungs or brain, it would be potentially more dan r dangerous. and doctors want to make sure there are no underlying conditions that led to the clot. she has not announced her future plans but is widely considered the democratic front-runner if she chooses to make another run for the white house in 2016. willie? >> andrea mitchell, thank you. dr. roshini raj is a contributing medical editor
of the policy moves in the direction of the democrats, right? tax rates go up. big spending cuts at the pentagon. and all the polls show that the republicans are going to be blamed for all of this. so obama -- as the one guy in this town that wants a deal more than anyone. on the other hand, he's probably the guy that purely political benefits the most after january 3rd satisfy in a stronger negotiating position. he'll also have, remember, a few more democrats in the house and in the senate. so the white house will be strengthened after this happens. but a lot of people in the white house and treasury department don't want that to happen because they think the markets may freak out. already the markets are reacting to the news within the last hour. yesterday the markets dipped a little bit on reid's comments in the senate. so they are worried about the economy. i think purely politically, obama will be strengthened once we go over. >> ryan lizza, thank very much. it's going to be an interesting couple of days. >> yeah, it sure is. >> thanks, ryan. >>> weapons of war on the streets of los angeles
-the-board spending cuts set to start striking the pentagon and domestic agencies this week. so what do you think about the sequester? does it just kind of -- i don't want to use this phrase, but kick the can down the road? want after two months? >> we probably do this again. i'm not really sure why it's there. i'm not -- i don't understand who it's there to keep happy, who asked for the sequester delay. if it was the democrats, that's one thing, if it was the republicans, that's another. the house had a good plan to replace those sequester cuts with other, better cuts. so the sequester's going to be a big problem over here for those of us who are interested in reducing spending. heather: so i want to talk about whether this will, in fact, come up in the house today when they convene, i think it is noon unless that's changed. the house has informally operated under the hastert rule. basically, house gopers similarly will -- simply will not bring up a bill that does not have the majority party in the favor. even if it could pass with a colegislation of some of the members -- coalition of some of t
, it is not a philanthropic act on the pentagon's part to instruct boeing to build. -- to build in the deficit areas of the u.s. it is pragmatic. the united states federal government -- unless europe is dollarized, unless they do not have dollars to spend purchasing -- unless those who do not have dollars are given dollars to spend purchasing, the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. the 1950's and the 1960's. a period of immense stability very low inflation. very low unemployment. universal growth. we had other problems. the lease from the macroeconomic point of view, it was a golden age. why did it end? because the global surplus of recycling mechanism could no longer be sustained. why? because the united states stopped having a surplus by the end of the 1960's. how can you recycle surplus if you cannot have it. -- if you do not have it? enter a young turk in 1971. actually, he was the american, but you know what i mean. well, paul volcker -- that name may ring a bell. in 1971, pau
, so do have the debt ceiling fight coming up. when you say that it faces and, you expect the pentagon to say we would just hold everything? certainly years, serving months ahead of time. they have to plan on how many people to have in their workforce -- in the force, recruiting. you cannot turn on a dime, like a huge oil tanker. >> john, we will focus on folks that we did not know who are here. we will come right back. don't go away. take five minutes. >> this is just -- >> we saw senators mccain and 11 decide they will come back in a couple of minutes. as we wait, back to something that took place earlier this morning outside the capital. -- the capitol. >> i want to thank you for being here to call on house republicans not to drop the ball on the middle-class. also for the house to show up for work, right? the president is down at the white house, senator harkin and his colleagues are here. they are out on a paid vacation right now. boehner walked out of the allegations with the present and then he walked out of the house and tell all members to go home while we are four days away f
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